Goliath Film & Media Holdings
AI Executive Summary
AI-powered analysis of 10-Q filing content
Goliath Film & Media Holdings is in severe financial distress with negative stockholders' equity of $164,477, minimal cash of $1,477, and deteriorating operations. Revenue declined 38% year-over-year while losses increased 164%, creating an unsustainable operating model with liabilities exceeding assets by over 100x.
Red Flags Detected (8)
Negative stockholders' equity of $164,477 indicating technical insolvency
Extremely low cash balance of only $1,477 creating immediate liquidity crisis
Total liabilities of $165,954 vs total assets of $1,477 (112x leverage)
5 more red flags detected
Key Takeaways
Company is technically insolvent with liabilities exceeding assets by massive margin
Burn rate is unsustainable with quarterly losses of $11,019 against $1,477 cash
2 more takeaways
Filing Overview
What This Means
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.